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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

47153 ­ ­ AZ ­ ­ 35. Januray 2021 ­ ­­ ­ food prices inflation agricultural products price stability government regulation

 

UOT: 338.43, 338.57, 339.54

Abstract

Due to the relatively high share of food prices in the consumer basket, rising food prices have a significant impact on inflation. The article examines the impact of agricultural and food prices on inflation. In this regard, food prices and inflation dynamics in Azerbaijan were analyzed. It is shown that the rise in prices for agricultural raw materials similarly affects food prices, which, in turn, affects inflation. The article also discusses the issues of state regulation in order to ensure stability in the agricultural market.

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AUTHORS

 

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Ali. Zingirov

Azerbaijan State Agrarian University

  Исполняющий обязанности доцента, доктор философии по технике  

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Ayhan. Satıcı

Azerbaijan State University of Economics, PhD student

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Anar. Azimov

Azerbaijan Food Safety Agency, Head of the International Relations Department

   

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Mehman. Rzayev

Azerbaijan RPA Hydrotechnics and Melioration

  doctor of agrarian sciences